Luso Credit Union Wilbraham MA | Affordable Auto Loans & Personal Banking

Introduction

At Luso Federal Credit Union, we believe that banking should be about more than just numbers; it's about community, trust, and support. Established in 1971, our commitment to the Wilbraham area has only grown stronger over the years. Located at 1 Crane Park Dr Ste 4, Wilbraham, MA 01095, we have proudly served our members with dedication and integrity for over five decades. As a member-owned institution, we are honored to support a vibrant community of 7,935 members who rely on us for their financial needs. With total assets exceeding $244 million, we are equipped to offer a range of services tailored to help individuals and families thrive. Our offerings include personal banking solutions like checking and savings accounts, auto loans, mortgage loans, credit cards with rewards, and business banking options. Led by our dynamic CEO, Jennifer Calheno, and Board President Maria Gomes, our team of 32 employees is passionate about providing exceptional service. We take pride in our robust financial standing with total deposits of $13,053,976 and a net worth of $26,482,393, ensuring we can meet the diverse needs of our members. Our commitment to responsible lending is reflected in our total loans and leases amounting to 2,553, demonstrating our role as a reliable partner in your financial journey. While you can visit us at our branch location for personal assistance or inquiries, please note that any official correspondence should be directed to our mailing address: 1 Crane Park Dr Ste 4, Wilbraham, MA 01095-1786. Whether you're looking to open an account or explore loan options, we invite you to reach out to us at (413) 589-9966 or visit our website at Luso Federal Credit Union. Together, let's build a brighter financial future!

Branch History & Mission

Community Engagement

We take pride in our partnerships and outreach efforts that strengthen the fabric of Wilbraham. Through various initiatives and programs, we aim to uplift those around us while providing essential financial guidance. Our branch is not just about transactions; it's about building lasting relationships with each member we serve. With advanced digital tools such as online banking and mobile payments, we ensure that you can manage your finances easily and securely.

Join Us!

We invite you to become a part of the Luso family today! Experience firsthand the benefits of being a member of Luso Federal Credit Union where your financial well-being is our priority. Reach out to us at 413-589-9966 or visit us online at Luso Federal Credit Union for more information on how you can join us on this journey towards financial empowerment.

Our Journey

Luso Federal Credit Union began as a small initiative aimed at providing accessible financial services to those who needed it most. Over the years, we have evolved significantly, expanding our offerings to include personal banking, auto loans, mortgage financing, credit cards with rewards, and business banking services. Our total assets now stand at an impressive $244,562,133, showcasing our growth and stability within the financial sector. You can find us at 1 Crane Park Dr Ste 4, conveniently situated near local landmarks that make us easily accessible for all your banking needs. For official correspondence, please use our mailing address: 1 Crane Park Dr Ste 4, Wilbraham, MA 01095-1786.

Our Mission

At Luso Federal Credit Union, our mission is simple yet impactful: to provide exceptional financial services while fostering community engagement. We believe in empowering individuals through education and support so they can achieve their financial goals. We are committed to serving all members with respect and dignity while actively contributing to the betterment of our community. Our operating hours are designed with your convenience in mind: Lobby and Drive-Thru banking are available Monday through Wednesday from 8:30 AM to 4:30 PM, Thursday and Friday from 8:30 AM to 5:30 PM, and Saturday from 8:30 AM to 1:00 PM. We also offer ATM access for those who prefer self-service options.

Branch Location & Accessibility

Accessibility Features

At Luso, we understand that accessibility is key for all our members. Our branch features ADA-compliant entryways and ramps to ensure that everyone can access our services comfortably. Plus, ample parking is available right outside our doors, making your visit as stress-free as possible.

Call to Action

We invite you to stop by our branch at Luso Federal Credit Union today! If you have any questions or need assistance before your visit, don't hesitate to give us a call at 413-589-9966. We look forward to welcoming you!

Operating Hours

We're dedicated to serving you during convenient hours. Our lobby is open Monday through Wednesday from 8:30 AM to 4:30 PM and extends to 5:30 PM on Thursday and Friday. On Saturdays, the drive-thru is available from 8:30 AM to 1:00 PM. Whether you prefer face-to-face service or need quick access through the drive-thru, we've got you covered.

Services Offered

At Luso Federal Credit Union, we offer a variety of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and credit cards with rewards, we are committed to providing solutions that fit your lifestyle. Need a quick cash withdrawal or want to check your balance? Our ATM services are readily available for added convenience.

Member Eligibility

Joining the Luso community is as easy as pie, and we're excited to welcome you! At Luso, located at 1 Crane Park Dr Ste 4, Wilbraham, MA 01095, we believe that everyone deserves access to quality financial services. To become a member, you simply need to meet a few friendly criteria. If you live, work, or attend school in certain areas of Massachusetts or have family members who are already part of our credit union, you're in! We aim to make banking personal and supportive, giving you the tools you need for your financial journey. Opening an account with us is straightforward. Just visit our website for detailed information on how to get started at https://www.lusofederal.com/lending/home-loans/home-equity/. If you have any questions or want to learn more about eligibility requirements, feel free to reach out at (413) 589-9966 or check out our eligibility page at http://www.lusofederal.com/become-a-member. We can't wait for you to join us and experience the many benefits of being a member of Luso!

Business Banking & Commercial Services

Commercial Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $10 in commercial loans for our members, helping businesses scale and succeed. - With an outstanding commercial loan portfolio of $1,237,307, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In today's fast-paced market, having the right tools is crucial. Our merchant services make it easy for you to accept payments from customers whether they're using cash, credit cards, or mobile payments. This not only streamlines your operations but also enhances customer satisfaction. Join us at Luso, located at 1 Crane Park Dr Ste 4 Wilbraham Ma 01095 in Wilbraham, MA, and discover how we can support your business journey. For more information, call us at (413) 589-9966 or visit our website at https://www.lusofederal.com/. Let's grow together!

Comprehensive List Of Services

ATM and Drive-Thru Services

For added convenience, our branch features an ATM for quick cash withdrawals and balance checks. Our basic drive-thru banking allows for easy deposits, withdrawals, and simple transactions without having to leave your car.

Business Banking

If you're an entrepreneur or own a small business, our business banking services can give you the support you need. We provide merchant services that simplify payment processing, along with various types of business loans to help grow your operations.

Digital Banking Convenience

In today's fast-paced world, managing your finances online is essential. That's why we offer robust online and mobile banking platforms. Check balances, transfer funds, and pay bills right from your smartphone or computer. You can also take advantage of features like mobile payments, ensuring you have access to your money whenever and wherever you need it.

Get in Touch

We invite you to visit us at 1 Crane Park Dr Ste 4 Wilbraham Ma 01095, or reach out via phone at (413) 589-9966 if you have any questions about our services. Our friendly team is ready to assist you during our operating hours: Monday through Wednesday from 8:30 AM to 4:30 PM, Thursday and Friday until 5:30 PM, and Saturday from 8:30 AM to 1:00 PM. Join us at Luso Federal Credit Union, where we're committed to helping you achieve your financial goals with ease and confidence. Explore all that we have to offer today!

Personal Banking

Our personal banking offerings include checking and savings accounts that help you manage your finances effectively. Need a vehicle? Our auto loans and vehicle financing options can get you behind the wheel with ease. If you're thinking about buying a home or refinancing your current mortgage, our mortgage loans provide competitive rates and personalized service. For those unexpected expenses or consolidating debts, we offer personal loans tailored to fit your budget. Plus, enjoy the benefits of our credit cards with rewards that let you earn while you spend.

Digital & Online Banking

Key Services

Our online banking platform provides a range of features that put you in control of your finances. You can view balances, transfer funds, and pay bills all with just a few clicks. For those who prefer mobile access, our dedicated mobile application allows you to do all this on the go. Whether you're at home or out and about, staying on top of your finances is simple and straightforward. You'll also enjoy the benefits of electronic statements, making it easy to track your transactions without the clutter of paper. If you need to send money quickly to friends or family, our person-to-person transfer feature makes it effortless. Plus, with our mobile payments option, you can make purchases directly from your smartphone no wallet needed!

Security and Accessibility

At Luso, security is a top priority. Our electronic signature authorization ensures that your transactions are safe and secure. We're committed to providing an easy-to-use platform that prioritizes your safety while offering you the flexibility to manage your money whenever and wherever you choose. In summary, our digital and online banking services are designed with you in mind. From the ease of accessing e-statements to the convenience of mobile payments and person-to-person transfers, we strive to empower our members with tools that enhance their banking experience. For more information about these services or to get started today, visit us at https://www.lusofederal.com/!

Financial Strength

Growing Trust

Total Share and Deposit Accounts stand at 15,386, showing a strong and growing member base that trusts us with their finances. Our Net Shares (Funds available for lending and investments) amount to $2,341,300, which further illustrates our dedication to responsible management of your funds. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Luso is your trusted partner. Visit us at 1 Crane Park Dr Ste 4 Wilbraham Ma 01095 or call (413) 589-9966 to learn more about how we can help you achieve your financial goals.

Member Savings and Investments

Your savings are secure with us. We have $87,021,347 in share certificates and $30,802,811 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 6 full-time employees and 26 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvestment for Growth

Our commitment to you is reinforced by having $26,482,393 in undivided earnings. This allows us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With $360 in used auto loans and $186,798,957 in total loans and leases, our lending capacity supports your financial goals across various sectors.

Strong Financial Health

With a net worth of $26,482,393, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,083 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $4,451,854 in used vehicle loans and $861,152 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new vehicle or a reliable used one, our team is here to guide you through the process and find the right option for your budget.

Commercial Loans

For business owners, our outstanding commercial loans totaling $1,237,307 provide the capital needed to grow and expand your business. We understand the unique challenges faced by entrepreneurs and are committed to providing tailored solutions that fit your specific needs.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $19,611,120, make buying or refinancing simple. We offer competitive rates and flexible terms to help you secure the home of your dreams.

Refinancing and Eligibility Options

If you're considering refinancing any of your current loans or want to explore eligibility options for our various products, feel free to contact us at (413) 589-9966 or visit us at our branch located at 1 Crane Park Dr Ste 4 Wilbraham Ma 01095 in Wilbraham, MA. Our knowledgeable staff is ready to assist you with any questions you may have. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. We invite you to explore how our loan offerings can help you achieve your financial objectives today!

Unsecured Credit Card Loans

Managing everyday expenses can be challenging. That's why we also offer flexible terms on unsecured credit card loans, with a total of $1,685,758 in loans helping members manage their finances effectively. These cards come with rewards programs that can benefit your spending habits while providing peace of mind.

Loan Aggregator

Accurate Loan Comparisons

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Benefits of Using LendMesh

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Luso